Canadian molded pulp producer CKF Inc. has acquired Vancouver-based Earthcycle Packaging Ltd. The company says the acquisition will further strengthen its product offering while providing opportunities to access new markets with an expanded portfolio of sustainable packaging products.
The Earthcycle® brand will be maintained providing continued service to the agriculture and produce industries. Shannon Boase has been appointed as director, new market development and will continue to oversee the brand vision of Earthcycle within CKF Inc.
“The acquisition perfectly fits CKF Inc.’s vision and plan for growth," says Ian Anderson, president of CKF. “We’re looking forward to providing a new line of products to our current customers as well as servicing new customers and markets."
Shannon Boase founded Earthcycle in 2005. Earthcycle has been awarded and recognized among peers for its development of innovative packaging made from palm fibre, a renewable resource formerly considered an agricultural waste. The food packaging products are certified compostable, recyclable and renewable.
“It has always been our intention to align with a much larger player in the packaging industry, to leverage their scale and expertise in distribution and sales," says Boase. “CKF Inc. is a natural partner for Earthcycle due to its locations, material expertise, and strategic growth goals."
Based in Nova Scotia, CKF produced food service and food packaging items made of molded pulp and polystyrene foam.